Oil & Gas Property in Lea County, NM
Key data points for Mustang 8 17 Federal
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY LP |
| Production Dates | Oct 2020 - Jul 2024 |
| Total Oil Production | 1,605,777 BBLs |
| Total Gas Production | 5,505,152 MCF |
| Recent Oil Production | 11,630 BBLs in Jul 2024 |
| Recent Gas Production | 76,086 MCF in Jul 2024 |
| Wells on Property | 16 |
Our Valuation Estimates for Mustang 8 17 Federal
ShaleAssessment™
Not Available
MarketMultiple™
$1,876,088 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Mustang 8 17 Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Chincoteague | Lea County, NM | 20,530 BBLs | 128,438 MCF | Jul 2024 |
| Chincoteague 8 32 Federal State Com | Lea County, NM | 16,734 BBLs | 504,557 MCF | Jul 2024 |
| Co Grizzly 3 | Lea County, NM | 207,344 BBLs | 425,345 MCF | Jul 2024 |
| Co VIper 4 33 Federal | Lea County, NM | 54,654 BBLs | 188,273 MCF | Jul 2024 |
| Co Yeti 15 22 Federal Com | Lea County, NM | 54,806 BBLs | 234,650 MCF | Jul 2024 |
| Cotton Draw | Lea County, NM | 174,278 BBLs | 2,079,002 MCF | Aug 2024 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| E F Ray B NCT-1 | Lea County, NM | 0 BBLs | 0 MCF | Aug 1998 |
| G E Jordan NCT-1 | Lea County, NM | 0 BBLs | 0 MCF | Aug 1998 |
| Haflinger 22 27 Federal Com | Lea County, NM | 98,898 BBLs | 591,515 MCF | Jul 2024 |
| Lippizzan 4 Federal | Lea County, NM | 4,613 BBLs | 10,528 MCF | Jul 2024 |
| Marwari 21 16 State Federal Com | Lea County, NM | 44,905 BBLs | 155,511 MCF | Jul 2024 |
| Monsanto State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Mustang 8 29 Federal Com | Lea County, NM | 5,324 BBLs | 26,749 MCF | Jul 2024 |
| Paduca | Lea County, NM | 0 BBLs | 0 MCF | Sep 2013 |
| Paduca Delaware 16 State | Lea County, NM | 0 BBLs | 0 MCF | May 2024 |
| Paint 33 Federal | Lea County, NM | 2,189 BBLs | 3,710 MCF | Jul 2024 |
| Paint 4 33 Federal Com | Lea County, NM | 163,182 BBLs | 975,731 MCF | Jul 2024 |
| Trionyx 6 7 Federal Com | Lea County, NM | 9,882 BBLs | 462,500 MCF | Jul 2024 |
| Trionyx 6 Federal | Lea County, NM | 4,558 BBLs | 31,682 MCF | Jul 2024 |
These are the closest 20 companies operating near the Mustang 8 17 Federal property.